Slovenia: Bentonite Market 2024

Bentonite Market Size in Slovenia

The Slovene bentonite market surged to $X in 2023, jumping by X% against the previous year. Over the period under review, consumption posted prominent growth. Bentonite consumption peaked in 2023 and is expected to retain growth in the near future.

Bentonite Production in Slovenia

In value terms, bentonite production skyrocketed to $X in 2023 estimated in export price. Over the period under review, production showed a slight setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Bentonite production peaked at $X in 2015; however, from 2016 to 2023, production failed to regain momentum.

Bentonite Exports

Exports from Slovenia

In 2023, approx. X tons of bentonite were exported from Slovenia; declining by X% against the year before. Overall, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the exports remained at a lower figure.

In value terms, bentonite exports surged to $X in 2023. In general, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Croatia (X tons) was the main destination for bentonite exports from Slovenia, with a X% share of total exports. Moreover, bentonite exports to Croatia exceeded the volume sent to the second major destination, Serbia (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Croatia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Italy (X% per year).

In value terms, the largest markets for bentonite exported from Slovenia were Italy ($X), Croatia ($X) and Serbia ($X), with a combined X% share of total exports. Hungary, Bosnia and Herzegovina, Libya, Romania, North Macedonia and Montenegro lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average bentonite export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price saw buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Montenegro ($X per ton), while the average price for exports to North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bentonite Imports

Imports into Slovenia

Bentonite imports into Slovenia amounted to X tons in 2023, therefore, remained relatively stable against 2022. In general, total imports indicated a pronounced increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, bentonite imports soared to $X in 2023. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the immediate term.

Imports by Country

In 2023, Austria (X tons) constituted the largest bentonite supplier to Slovenia, with a X% share of total imports. Moreover, bentonite imports from Austria exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Austria amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the Czech Republic (X% per year).

In value terms, the largest bentonite suppliers to Slovenia were Austria ($X), Italy ($X) and the Netherlands ($X), together comprising X% of total imports. Croatia, Poland, the Czech Republic, Germany, Spain and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average bentonite import price amounted to $X per ton, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Croatia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform